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The Central Government notifies the 'Shri Ram Chander Mission, New Delhi' for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961 - 078/2005 - Income Tax Act, 1961
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Tax exemption notification under clause 23C(iv) recognises Shri Ram Chander Mission subject to specified charitable and compliance conditions. Notification designates Shri Ram Chander Mission as eligible under clause (23C)(iv) of section 10 for assessment years 2005-2006 to 2007-2008, conditional on applying or accumulating income exclusively for its charitable objects, restricting investments to forms permitted by the Act, treating business income as exempt only if incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a like charitable organisation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under clause 23C(iv) recognises Shri Ram Chander Mission subject to specified charitable and compliance conditions.
Notification designates Shri Ram Chander Mission as eligible under clause (23C)(iv) of section 10 for assessment years 2005-2006 to 2007-2008, conditional on applying or accumulating income exclusively for its charitable objects, restricting investments to forms permitted by the Act, treating business income as exempt only if incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a like charitable organisation.
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